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Define PERT and CPM in Project Management and Its Importance and PROS and Cons of Pert and CPM in Project Management

The document defines PERT and CPM as project management techniques used to plan, schedule, and control projects. PERT (Program Evaluation and Review Technique) helps understand the time required to complete a project, while CPM (Critical Path Method) identifies critical and non-critical tasks to prevent delays. Both techniques provide graphical representations of project activities and relationships. The advantages are planning and scheduling assistance, while the disadvantages include complex resource sharing and changes affecting the plan. PERT and CPM are important for completing projects on time and minimizing delays through coordinated scheduling of tasks.

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52 views4 pages

Define PERT and CPM in Project Management and Its Importance and PROS and Cons of Pert and CPM in Project Management

The document defines PERT and CPM as project management techniques used to plan, schedule, and control projects. PERT (Program Evaluation and Review Technique) helps understand the time required to complete a project, while CPM (Critical Path Method) identifies critical and non-critical tasks to prevent delays. Both techniques provide graphical representations of project activities and relationships. The advantages are planning and scheduling assistance, while the disadvantages include complex resource sharing and changes affecting the plan. PERT and CPM are important for completing projects on time and minimizing delays through coordinated scheduling of tasks.

Uploaded by

baskar raju
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Define PERT and CPM in

project management and its


importance and PROS and
CONS of PERT and CPM in
project management.

B.R.BASKAR RAJU
191612101002
PERT & CPM
Meaning of PERT
Program (Project) Evaluation and Review Technique (PERT) is an activity to understand the
planning, arranging, scheduling, coordinating and governing of a project. This program
helps to understand the technique of a study taken to complete a project, identify the least
and minimum time taken to complete the whole project. PERT was developed in the 1950s,
with the aim of the cost and time of a project.
Meaning of CPM
Critical Path Method or CPM is a well-known project modelling technique in project
management. It is a resource utilizing algorithm that was developed in the 1950s by James
Kelly and Morgan Walker.
CPM is mainly used in projects to determine critical as well as non-critical tasks that will
help in preventing conflicts and reduce bottlenecks.
In essence, CPM is about choosing the path in a project that will help in calculating the least
amount of time that is required to complete a task with the least amount of wastage.
The Critical Path Method or CPM has been used in many industries starting from defense,
construction, software, aerospace, etc.
PERT CHART

The advantages of PERT:
•It provides a graphical display of project activities that helps the users understand the
relationships among the activities.
•It is the ideal technique for tactical level planning and operational level control of
projects.

The disadvantages that limit the use of PERT are:


•It cannot effectively handle situations in which two or more projects share available
resources.
•It fails when there is a change in the precedence and sequential relationships of project
activities.
•It requires a lot of information as input to generate an effective plan.

CPM CHART
Advantages of CPM
•Provides an outline for long term coordination and planning of a project
•Recognizes critical activities
•Easy to plan, schedule and control project
•It improves productivity
•Manages the resource needed
Disadvantages of CPM
•For beginners its difficult to understand
•Software too expensive
•Sometimes, to structure CPM is too time-consuming
•It cannot control and form the schedule of a person involved in the project
•Allocation of resources cannot be monitored properly

CPM in Project Management


The Critical Path Method in project management is a step-by-step technique used in the
planning process that explains the critical and non-critical activities of a project. CPM
goals are to check time-bound issues and process that causes blockage in the project.
The CPM is preferably applicable to projects that involve various activities that are
associated with a complex method. Once CPM is applied, it will help you keep your
projects on track.
Helps you recognize the action that needs to be performed on time so that the whole
project is completed on time.
Indicates which responsibilities can be delayed and for how long without affecting the
overall project plan.
Determines the least amount of time it will take to accomplish the project.
Tells you the newest and latest time each activity can start on in order to manage the
schedule.
The term of each action is listed above each joint in the diagram. For an individual path,
insert the duration of each node to ascertain the total duration. The critical path is the
one that has the longest duration.
Importance of PERT and CPM
The techniques of PERT and
CPM help greatly in completing the
various jobs on schedule. They
minimize production delays,
interruptions and conflicts. These
techniques are very helpful in
coordinating various jobs of the
total project and thereby expedite
and achieve completion of project
on time.

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